Profit with Law: Profitable Law Firm Growth

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/391 . In this podcast episode, Moshe Amsel and Taylor Darcy discuss various topics related to running a successful law firm. They emphasize the importance of planning, setting realistic goals, and aligning business strategies with personal values and lifestyle. They also discuss the negative impact of discounting rates and th...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/390 . Are you a law firm owner struggling to expand your team?  In this episode of the Profit with Law podcast, Moshe Amsel interviews Luis Raul Scott Jr, managing partner of Beta Scott Injury Lawyers and owner of Eight Figure Firm Consulting, to discuss leadership and team development in law firms. Luis shares his valuable i...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/389 . As your business grows, there are more and more moving parts. As a business owner, you may feel you need to ensure everything runs smoothly while also looking for more clients. However, this can also lead you to a path where you want to do anything and everything. But remember: the question you should ask is who, not ho...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/388 . How much value do you put on visibility and business operations? These two are essential for sustainable business growth, especially for firms. However, this can be challenging if you don’t have a plan and the proper tools. Fortunately, through consistent tracking, leveraging business intelligence tools, and focusing on...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/387 . There's no one-size-fits-all marketing formula to marketing a law firm. In the legal field, as in any business, failure is a part of the journey. However, rather than viewing setbacks as defeats, see them as opportunities for growth and improvement. Analyze your mistakes, learn from them, and dust yourself off. Wit...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/386 . You've got eight solid hours of sleep, yet you don't feel rested. As entrepreneurs or law firm owners, getting enough sleep is critical to ensuring your business succeeds. But there's more to sleep than hopping into bed and closing your eyes. You need better sleep quality — which means having phases of de...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/385 . Law firms of every size often need help with lead generation and conversion. Why? The phone is ringing, your receptionist is talking, and you're sending emails. So what's going on? What are lawyers doing wrong when it comes to marketing a law firm? In this episode of Profit with Law, Philip Fairley joins us to...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/384 . Ethics is an integral part of any professional practice. But be that as it may, it is a fact that lawyers are also human and are susceptible to making errors. There are so many areas in ethics lawyers can miss. However, the repercussions for these mistakes can be more grave as legal entities. That said, lawyers bear the...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/383 . On paper, most people might think that they want the most efficient lawyer. But the truth is, when someone needs legal help, they’re not looking for the lawyer with the most successful cases. They want the lawyer who cares about them — someone really in their corner. Put yourself in their shoes. Who would you rather wor...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/382 . You're just a small company, so surely cybercriminals won't target you, right? Or maybe you're thinking, "We're a really big company; no one would dare target us." The truth is both of these statements are wrong. Cyber risk threatens everyone — as long as you make yourself an easy target. T...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/381 . We live in a society that gives great value to hustle culture. But when you keep going without pause, the energy you harness flows into the work you’re doing. This negative energy manifests in your body, spirit, and outcomes. It’s a disservice both to yourself and the people you’re serving. So take a pause and align you...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/380 . There is only so much an independent lawyer running their own practice can do. Although feasible, your limited time and business expertise hold you back from achieving maximum profitability. Stacking workload from multiple responsibilities means fewer clients served and increased chances of oversight. Missed calls, lack...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/379 . Sales and marketing strategies come and go. But one method that never goes out of style is word of mouth—referrals. As a lawyer, doing business doesn’t only mean being good at your practice. You also have to know how to sell your services.  The problem is many lawyers have preconceived notions about what it means to be...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/378 . Working at a big business can mean earning thousands of dollars — and who doesn't want a six-figure salary, right? However, it can also cost you hours and hours of your day. Many people, especially professionals used to working long hours, have realized that this isn't what they want in life. Spending whole da...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/377 . Anyone can start a business or law firm. Creating success is the real challenge. But success means different things to different people. For some, it's nothing more than the bottom line. Others want to leave a lasting legacy of financial success, such as generational wealth, a stable business, or a contribution to...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/376 . Student debt can be a significant financial burden for many people, but it is a challenge that can be overcome with the right strategies and mindset. One effective strategy is to create a budget and pay off high-interest loans first while exploring options for loan forgiveness or refinancing. Additionally, seeking resou...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/375 . Technology has made many things in the world much easier. Today, almost everyone everywhere uses technology to access information, make processes smoother, and solve problems. Over the years, various industries have adopted tech solutions for data analysis, customer management, and much more. The legal industry has take...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/374 . It's impossible to understate the impact a law firm website can have on your revenue. Good website design can draw in your clients — but a badly-made one will push them away. However, not everyone knows how to put a good law firm website together. In this episode, Brendan Ruane joins us to discuss the basics of web...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/373 . Most professionals, like lawyers, are high-functioning, head-focused people. You'll find them confident with their knowledge and intellect in their expertise. However, as we know, there are different stages in the professional world where we have to perform. Even the pros can experience stage fright — like when mak...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/372 . Leaving your corporate job and starting your own business might seem like a big challenge. In truth, it's also a huge opportunity. However, starting a business takes time to create wealth. It's a journey filled with setbacks and failures you inevitably must face and overcome. The key is to take risks with a pl...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/371   Achieving law firm success can sometimes feel like an elusive dream. It's easy to get lost in the numbers and KPIs. Here's the thing, those are important metrics, but you may be overlooking some of the most crucial pillars of your firm — your people.  People aren't numbers. You might hire incredible emplo...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/371A . Are you spending all of your time working IN your business with little to no time to work ON it? Is your VALUE dependent on your EFFORT & TIME (which you never have enough of), and as a result, “working harder” and “working longer” is your only strategy? Maybe you've thought about hiring and delegating more, b...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/370 . Whether you’re just starting a law firm or have many years of building one up, most of us never think about selling the firm we’ve built. If you’ve never thought about it before, now is the best time to start. Remember: putting this off can be tricky. When you’re desperate to sell, you’ll accept any price, devaluing the...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/369 . As a law firm owner, you’re always looking to stand out from the competition and attract more clients—but how can you make your business shine? Customer feedback is one of the most powerful tools in your arsenal, enabling you to showcase what makes your services so special. Especially in today’s digital world, reviews a...

Send us Fan Mail Shownotes can be found at https://www.profitwithlaw.com/368 . Most, if not all, businesses are on the internet. By now, almost everyone relevant has a digital presence, whether through social media, Google My Business, or their own website. The digital market is saturated — but there's an edge you can hone: start a podcast. In this episode, Danny Ozment, a podcast consultant,...